California Statutes
§ 18132. — 18132. (Repealed and added by Stats. 1983, Ch. 858, Sec. 8.)
California·Code FIN Financial Code - FIN·Div. 7. DIVISION 7. INDUSTRIAL LOAN COMPANIES·Ch. 2. CHAPTER 2. Formation and Organization·Art. 3. ARTICLE 3. Capitalization
An industrial loan company may declare a dividend on its capital stock only if the company has minimum unimpaired capital of seven hundred fifty thousand dollars ($750,000) plus additional capital stock of fifty thousand dollars ($50,000) for each branch office.
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California § 18132. (18132. (Repealed and added by Stats. 1983, Ch. 858, Sec. 8.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Repealed and added by Stats. 1983, Ch. 858, Sec. 8.